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Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

Green Car Congress

users pay for the construction and maintenance of roads via a federal fuel tax. Revenues from the tax go into the federal Highway Trust Fund, which is independent of the General Fund; every five years or so Congress passes an authorization bill to allocate these revenues. States use similar mechanisms. —Huang et al.

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Tenneco acquires Federal-Mogul for $5.4B; to create two independent, public companies

Green Car Congress

Tenneco, one of the world’s leading designers, manufacturers and distributors of Ride Performance and Clean Air products and technology solutions for diversified markets, signed a definitive agreement to acquire Federal-Mogul, a leading global supplier to OEMs and the aftermarket. Tenneco is acquiring Federal-Mogul from Icahn Enterprises L.P.

Companies 186
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U Chicago study proposes market-based approach to fuel economy standards to deal with impacts of fuel price volatility

Green Car Congress

Thus, the regulators’ expectations about rising fuel prices underpinned their belief that the fleet would achieve high levels of efficiency while saving consumers on fuel and reducing greenhouse gas pollution. Without the political will for a strong gasoline tax, this market-based approach is the best option. —Ryan Kellogg.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

The bill provides assistance to those Americans who may be disproportionately affected by potential increases in energy prices through tax cuts and an energy refund program. Significant tax incentives encourage the conversion of trucks and heavy-duty fleets to natural gas vehicles. Decreasing Dependence on Foreign Oil.

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5 Tips on Switching to an EV in Rural Areas

Clean Fleet Report

So, if you’re going to buy a brand new vehicle at that point, you’ll have no option but to buy an electric car if Congress puts the ban into legislation. Having the convenience of a home charger is definitely the most ideal option. Tax Incentives. The upfront cost of buying an EV is greatly lessened thanks to these tax rebates.

Tax 83
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ICCT: gap between official and real-world fuel economy figures in Europe reaches ~38%; call to implement WLTP ASAP

Green Car Congress

A technically precise definition of real-world driving conditions is elusive because of the large variation in vehicle types and driving behavior. For governments, the growing gap causes significant losses of tax revenues. This is because vehicle taxes are based on laboratory test results instead of real-world data.

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Berkeley study finds clean vehicle rebates have predominantly benefited wealthy, white Californians

Green Car Congress

They used ordinary least squares (OLS) and negative binomial regressions to identify the definitive effect that income played in obtaining rebates. Residents will not be eligible for rebates if their gross annual income exceeds $150,000 for single tax filers, $204,000 for head of household filers and $300,000 for joint filers.

St. Louis 290